Monroe, CT Home Values & Market Trends
Real estate market trends reflect that there have been 239 transactions over the past year in Monroe. The median value for residential home transactions that occurred over the previous year is $570,989.59. The number of current listings in Monroe is 15, and the percentage of properties for sale in the city is 15.00%. Monroe, CT currently has 3 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 15 properties for sale.
Monroe, CT Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 06468 | $ 710,000 $ 221/sqft |
Housing Market Summary for Monroe, CT
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $550K | $478K | -13.10% |
| Median Sold Price | $449.9K | $478K | 6.24% |
| Homes For Sale | 16 | 7 | -56.25% |
| Homes Sold | 81 | 95 | 17.28% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Monroe, CT
Browse Homes in Monroe, CT
Monroe home values range from $117,169 to $1,605,005. The median estimated value of a home in Monroe is $570,989.59. The median list price of a home is 719,000, and the total count of properties in the city is 6,650.
- Pre-ForeclosurePre-foreclosure homes account for 0.02% of all residential properties in Monroe, CT with 06468 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Monroe, CT; of that zips, the estimated home value for pre-foreclosure homes ranges from $444,000 in 06468 to the lowest home value of $444,000 in 06468.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Monroe, CT ranges from the highest value of $0 in 06468 to the lowest value of $0 in 06468. Bank owned homes and properties account for 0.02% of properties in Monroe, CT. There is 1 zips within Monroe, CT; 06468 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions06468 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Monroe, CT. Auction homes and other auction properties account for 0.02% of all properties in Monroe, CT. There is 1 zips within Monroe, CT; of that zips, the median estimated home value for homes going to auction ranges from $300,000 in 06468 to the lowest value of $300,000 in 06468.
Compare Nearby Cities
More Real Estate Resources for Monroe, CT
Guide for Monroe, CT
This blog post provides a detailed analysis of Hartford, Connecticut’s real estate market as of March 2024.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.
The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.